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The US SIF says this more cautious approach was at least partly triggered by recent US Securities and Exchange Commission (SEC) proposals to crack down on greenwashing by ramping up standards on the names and disclosure requirements for ESG funds. Sustainable investing assets skyrocket post 2014. trillion in 2014.
The question is how stringent Indonesia should set the transition criteria, taking into account a pressing need to not only avoid charges of greenwashing or ‘transition washing’, but also build confidence in the country’s decarbonisation pathway. Based on a 2014 study , virtually no CFPP would qualify, even with carbon capture and storage.
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